no, there isnt, and there probably wont be for quite a while. and thats why we all have wiis
really because i went to a local flea market and they said there isn't a chip but an OS that can run blu-ray isos. But no one would want to pay like 600 bucks for it to break. And yes, that is why we have wii's lmao!
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i dont think that peeps will crack the ps3. I mean I hope I am full of shit cause I got one and would love too see that baby hacked but, Sony is soo into anti-piracy that I think they put all the bells and whistles to stop the hackers, but like everyone said on here already. thats why we have our Wii's!!
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Swapmagic can be used to run PS2 ISOS off your PS3 HD, but it does a number on the laser. PS3 firmware can be downgraded (youtube it) so a CFW may be in the works. I was talking to a friend who was in a team trying to create 1st ps3 modchip...Dunno what happened. Anyways, I'll put the obligatory that's why we have wiis in now.